Democratic Progressive Party (DPP) Legislator Hsueh Ling’s (薛凌) husband, Sunny Bank chairman Chen Shen-hung (陳勝宏), was sentenced to three years and two months in prison by the Taiwan High Court yesterday for involvement in a loan scandal at Sunny Bank.
Hsueh was found not guilty in the same ruling.
Hsueh, Chen, Hsueh’s brother Hsueh Tsung-hsien (薛宗賢), Sunny Bank official Ho Ming-lung (何明龍) and Chen Yi-yuan (陳益源) were indicted over violations of the Banking Act (銀行法) and forgery in August 2007.
Hsueh Ling and Chen Shen-hung were found not guilty by the Shih-lin District Court in the first trial, but in the second ruling yesterday, the High Court said that as the bank’s chairman, Chen must have known the loan of more than NT$4 million (US$136,933) he authorized was questionable
The court ruled that there was insufficient evidence that Hsueh Ling was involved in the process.
Chen Shen-hung was sentenced to three years and two months in prison and was fined NT$3.2 million by the High Court.
Hsueh Tsung-hsien and Sunny Bank officials Ho and Chen Yi-yuan were all sentenced to four years in prison.
Ho and Chen Yi-yuan were fined NT$4 million, while Hsueh Tsung-hsien was fined NT$5 million.
The High Court ruling said the defendants as well as the prosecutors could appeal the ruling to the Supreme Court.
Prosecutors charged that in 2002, Sunny Bank official Ho and Chen Yi-yuan told Hsueh Tsung-hsien that the Chinese-language Chunghwa Daily newspaper was selling a building in Taipei for about NT$400 million and urged him to buy the property.
Prosecutors say Hsueh Tsung-hsien then bought the building and forged the contract, raising the sale price to NT$500 million, and took the forged contract to Sunny Bank to request a loan of more than NT$4 million against the deal.
Prosecutors argued that Hsueh Ling, her husband and two of his close assistants, Ho and Chen Yi-yuan, all knew the contract was forged and that they conspired to authorize the loan.
NATIONAL SECURITY: Authorities are working to confirm the identities of the military personnel involved and investigating possible illegal conduct and regulatory violations Authorities are probing possible national security implications after Kinmen police and immigration officers on Sunday found a Chinese woman allegedly posing as a tourist while engaging in prostitution involving more than 10 military personnel. The woman, surnamed Chen (陳), has since been deported, authorities said, adding that investigators are still working to confirm the identities of those implicated, as the records only listed code names and aliases. The case stemmed from a report received by the Kinmen District Prosecutors’ Office on Friday last week from the Jinhu Precinct of the Kinmen County Police Bureau. On Sunday, police, along with the National Immigration
GLOBALGIVING: ‘ Caving to external pressure is not acceptable for an organization that has cultivated justice reform and human rights for 30 years,’ one NGO said A slew of non-government organizations (NGOs) have withdrawn from the GlobalGiving fundraising platform after it announced it would use “Chinese Taipei” instead of “Taiwan” from next month. The Taiwan Good Rice Association wrote on Facebook on Friday that it was informed on April 28 via a teleconference call of the change, which was made because the platform wanted to operate in China. Taiwan Good Rice is to terminate all cooperative relationships with GlobalGiving in response to the platform’s “unilateral and non-negotiable” decision to remove references to Taiwan, the NGO said. “Taiwan is in the official name of Taiwan Good Rice Association and the
STAY COOL: The HPA recommended that people stay hydrated, use air-conditioning or fans while indoors, wear loose-fitting clothes and walk in the shade while outdoors Employers must implement measures such as installing cooling equipment, and providing drinking water and rest breaks for outdoor workers starting from Monday next week, the Taipei Department of Labor said on Sunday. Employers who fail to comply could face fines of NT$30,000 to NT$300,000 under the Occupational Safety and Health Act (職業安全衛生法), the department said. Businesses in Taipei employing fewer than 100 workers, as well as registered self-employed workers with labor insurance coverage, could receive on-site assessments and guidance from occupational safety consultants to help them apply for central government subsidies to implement or improve heat-protection measures, it said. Under the Ministry of
Chinese Nationalist Party (KMT) Chairwoman Cheng Li-wun (鄭麗文) yesterday briefed her party’s Central Standing Committee regarding her scheduled visit to the US between Monday next week and June 16, saying that her purpose would be to persuade the US that the Republic of China (ROC) Constitution was a “one China” constitution that would foster stable and peaceful cross-strait relations. The ROC Constitution is the most important defense for all Taiwanese citizens, as it upholds our democracy and has contributed to our robust economy, which aligns with international and US interests, she said. “We would not be troublemakers and drag the US under,”
RSS